Current through September 17, 2024
Section 97-7-007 - Ownership All items of property of the following classes, classifications and categories are and shall become property of the land owned by the School Trust and no lessee will be compensated for the same:
007.01 Permitted improvement approved pursuant to subsection 002.05 of Chapter 7.007.02 Appraisable permitted improvements which the lessee has the right to, and does, elect to remove or to transfer the ownership thereof to the new lessee and all other items of property which the lessee has the right to remove or to transfer the ownership thereof to the new lessee but which the lessee (1) does not remove with the time, or times, specified in Section 4 of Chapter 7, and (2) also does not transfer the ownership thereof to the new lessee within the time, or times, specified in Section 4 of Chapter 7 for removal thereof.007.03 All permitted improvements with respect to which there is any violation of, or failure to comply with, any of the requirements pertaining thereto including, but not limited to, any requirements applicable thereto contained in Section 2 of Chapter 7.007.04 All non-permitted improvements.97 Neb. Admin. Code, ch. 7, § 007